The duties will also cause self-inflicted economic damage and drive up inflation, warns Quantum Strategy's David Roche.
Beijing hit back with its own tariffs and export restrictions after being subjected to levies by President Trump. Trade ...
President Donald Trump and Chinese President Xi Jinping are expected to talk in "the next couple days," White House press ...
Stephen Miller, President Donald Trump’s far-right White House deputy chief of staff for policy, was among a chorus of ...
Trump had been threatening the tariffs to ensure greater cooperation from the countries on stopping illegal immigration.
President Trump will enact 25% tariffs on Mexico and Canada starting Saturday, as well as a 10% tariff on China.
The Trump administration plans to roll out tariffs against Mexico, Canada and China on Saturday in response to an influx of illegal fentanyl into the U.S., according to the White House.
Beijing announced tariffs of 10% to 15% on U.S. coal, liquefied natural gas, crude oil, pickup trucks and other products shortly after the U.S. tariff took effect.
President Donald Trump enacts new tariffs on Chinese products, prompting China to respond with its own tariffs on U.S. goods.
"The trade war is in the early stages so the likelihood of further tariffs is high," Oxford Economics said as it downgraded its China economic growth forecast.
New tariffs are set to take effect Saturday on Mexico, Canada and China, according to the White House. Mexico and Canada would see a 25% tariff on imports sent to the U.S., while China faces a tariff ...